Candy is trying to decide between two job offers. The compensation package for job A
Judes a $300-per-month health insurance plan, to which Candy would contribute $95; a
coper-month life insurance plan; a salary of $65,000 per year; and a 5% match on 401(k)
contributions. The compensation package for job B includes a $400-per-month health
ance plan, to which Candy would contribute $105; a $50-per-month life insurance plan; a
salary of $64,000 per year; and a 9% match on 401(k) contributions. Candy plans to
montribute $8000 per year to her 401(k) plan. (10 points: Part 1 - 2 points; Part II - 2 points:
Part III - 2 points; Part IV – 3 points; Part V - 1 point)
Part 1: What is the yearly value of the health insurance benefit from job A? How about the
vearly value of the health insurance benefit from job B? what is the yearly value of the life indurance benefit from job a? how about the yearly value of the life insurance benefit from job b? what is the yearly value of the 401(k) match from job a? how about the yearly value of the 401(k) match from b?